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California bills · 2025-2026 Regular Session

California AB 771

Financing statements: mortgages.

  1. Introduced
  2. In committee
  3. Passed House
  4. Passed Senate
  5. To Governor
  6. Became law

Sponsors

Summary

Official abstract published by the California legislature· summary

Existing law, the Uniform Commercial Code-Secured Transactions (UCC) , provides that a financing statement is sufficient only if it provides, among other things, the name of the debtor and that, if the debtor is an individual to whom the Department of Motor Vehicles has issued a driver's license that has not expired or an identification card that has not expired, a financing statement sufficiently provides the name of the debtor only if it provides the name of the individual indicated on that driver's license or identification card, as specified. Existing law makes a record of a mortgage effective, from the date of recording, as a financing statement filed as a fixture filing or as a financing statement covering as-extracted collateral or timber to be cut only if certain conditions are met, including that the record satisfies the conditions for a financing statement referenced above, as specified. This bill would, instead, provide that a record of a mortgage sufficiently names the debtor who is an individual if it provides the individual name of the debtor or the surname and first personal name of the debtor, even if the debtor is an individual to whom the Department of Motor Vehicles has issued an unexpired driver's license or identification card.

Text versions

Roll-call votes

State vote data last updated Oct 16, 2026, 4:38 PM.

DateVoteResultYour legislators
Jun 23, 2025
Senate		Consent Calendar 2ndpassSet your home in California to see
Jun 17, 2025
Senate		Do pass and be ordered to the Consent CalendarpassSet your home in California to see
May 12, 2025
House		AB 771 Macedo Assembly Third ReadingpassSet your home in California to see
May 5, 2025
House		Do pass.passSet your home in California to see

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